Michael Jackson's family is standing by the decision to launch lengthy legal proceedings against AEG Live executives over the King of Pop's death, despite losing the case. On Wednesday (02Oct13) a 12-person jury agreed that, although AEG hired Jackson's Dr. Conrad Murray, the superstar was not "unfit or incompetent to perform the work for which he was hired" on his ill-fated This Is It comeback shows. As a result of the verdict, AEG Live executives will not have to pay hundreds of millions in compensation to the Jackson family. Despite the outcome, the Jacksons insist they remain positive about taking action against the company, claiming the five-month trial highlighted the importance of regulating medical professionals working in the industry. Speaking after the verdict, Kevin Boyle, lawyer for Jackson's mother Katherine, says, "We think this was a very important case to bring for a lot of reasons. "We think what we've done with this case is proved some things that are important for the Jackson family and for the concert industry and the sports industry with regard to treatment by doctors. "We, of course, are not happy with the result as it stands now, we will be exploring all options legally and factually and make a decision about anything at a later time." Katherine Jackson accused AEG Live bosses of negligently hiring Dr. Conrad Murray and pushing her son way beyond his physical limits for his This Is It tour. The promoters' legal team maintained throughout the trial that Jackson pressured AEG to hire Murray as his personal physician. Murray is set to be released from jail later this month (Oct13) after serving two years for involuntary manslaughter. He was convicted after a jury found him guilty of administering the fatal dose of Propofol which took Jackson's life in 2009.